About: Belief elicitation in experiments: is there a hedging problem?

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An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	Belief-elicitation experiments usually reward accuracy of stated beliefs in addition to payments for other decisions. But this allows risk-averse subjects to hedge with their stated beliefs against adverse outcomes of the other decisions. So can we trust the existing belief-elicitation results? And can we avoid potential hedging confounds? We propose an experimental design that theoretically eliminates hedging opportunities. Using this design, we test for the empirical relevance of hedging effects in the lab. Belief-elicitation experiments usually reward accuracy of stated beliefs in addition to payments for other decisions. But this allows risk-averse subjects to hedge with their stated beliefs against adverse outcomes of the other decisions. So can we trust the existing belief-elicitation results? And can we avoid potential hedging confounds? We propose an experimental design that theoretically eliminates hedging opportunities. Using this design, we test for the empirical relevance of hedging effects in the lab. (en)
Title	Belief elicitation in experiments: is there a hedging problem? Belief elicitation in experiments: is there a hedging problem? (en)
skos:prefLabel	Belief elicitation in experiments: is there a hedging problem? Belief elicitation in experiments: is there a hedging problem? (en)
skos:notation	RIV/67985998:_____/10:00351609!RIV11-AV0-67985998
http://linked.open...avai/riv/aktivita	Z
http://linked.open...avai/riv/aktivity	Z(AV0Z70850503)
http://linked.open...iv/cisloPeriodika	4
http://linked.open...vai/riv/dodaniDat	2011
http://linked.open...aciTvurceVysledku	Engelmann, Dirk
http://linked.open.../riv/druhVysledku	J - Článek v odborném periodiku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Národohospodářský ústav AV ČR, v. v. i.
http://linked.open...dnocenehoVysledku	248566
http://linked.open...ai/riv/idVysledku	RIV/67985998:_____/10:00351609
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	belief elicitation; hedging; experimental methodology (en)
http://linked.open.../riv/klicoveSlovo	belief elicitation experimental methodology hedging
http://linked.open...odStatuVydavatele	NL - Nizozemsko
http://linked.open...ontrolniKodProRIV	[1DD736C1719A]
http://linked.open...i/riv/nazevZdroje	Experimental Economics
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	4 (xsd:int)
http://linked.open...UplatneniVysledku	2010
http://linked.open...v/svazekPeriodika	13
http://linked.open...iv/tvurceVysledku	Blanco, M. Engelmann, Dirk Normann, H.-T. Koch, A. K.
http://linked.open...ain/vavai/riv/wos	000283508100003
http://linked.open...n/vavai/riv/zamer	Economic Aspects of EU and EMU Entry
issn	1386-4157
number of pages	27 (xsd:int)

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